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Open Data Lessons at ODCC

April 23, 2012 by Jenz514   Comments (0)

The Open Data Cities Conference happened last Friday, and Adam Tinworth was on hand. He has provided informative recaps of several of the presentations on One Man and His Blog. One of the most intriguing is his recap of Emer Coleman’s reflections on her experience building the London Data Store. Tinworth reports that the first lesson Coleman learned was “It was never about the data.” He writes, “The conversations are not about data – they’re about the threat it was to the public sector. It creates a totally different approach to governance, so you gave have mature conversations with the electorate, who have the same data that government does. You move from the tyranny of the experts to the wisdom of the crowds. But that’s uncomfortable for back office statisticians who have not been used to being in the public gaze.” continued…

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Blog Post: TheReformedBroker: Jeremy Grantham on Herding, Excess Volatility

April 23, 2012 by MoneyScience   Comments (0)

This quarter's letter from GMO's Jeremy Grantham doesn't disappoint - I particularly liked the weighty, truthiness of his intro:

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Event: Model Risk, Quants, and the Law

April 23, 2012 by MoneyScience   Comments (0)

Location: Credit Suisse Auditorium, 11 Madison Avenue at 24th, New York, NY 10010; Date: April 26th, 2012; Moderator: Viktor Ziskin Head of Modeling and Risk Analytics at Capco Quantitative Lead on the Independent Compliance Consultant at AXA Rosenberg Panelists:read more...

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Blog Post: TimingLogic: The Cycle Of Volatility: NASA Fermi Gamma Ray Explorer Is Picking Up 'Crazy-Energetic Photonsâ From Mysterious Objects At The Edge Of The Electromagnetic Spectrum

April 23, 2012 by MoneyScience   Comments (0)

How about we shake it up a little today?  Shake it up a lot.  A provoking post before we get back to more mundane ‘stuff’.   We all live in this bubble we  believe is reality.  A bubble we convince ourselves is real.  Oftentimes provocation is the only way we ever awaken from that bubble.  That’s coming.  For everyone.  It’s inevitable because the bubble is popping.  As we have discussed numerous times over the last seven years, if...

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Blog Post: TalesfromaTradingDesk: Sinclair ZX Spectrum ' 30 Years Old

April 23, 2012 by MoneyScience   Comments (0)

I had a ZX Spectrum, followed by a Sinclair QL. A lot has changed in 30 years And what about the Horace gamesread more...

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Blog Post: FinanceClippings: Speculation and Oil Prices (again).

April 23, 2012 by MoneyScience   Comments (0)

The Grumpy Economist has an excellent piece on how speculation is unlikely to be causing oil price increases.   Read it because the author, John Cochrane, rarely pulls punches.  He's great (and also very smart). Great quote: It's also worth noting that on that same day, there were 146,000 May natural gas contracts traded... By what mysterious process can all this within-day buying and selling of "paper" energy be the factor that is responsible for both a price of oil in excess of...

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